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Time is Money: So Why Are You Ignoring It Pam McGinty Senior Trainer BQE Software

Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

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Page 1: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

Time is Money:So Why Are You Ignoring It

Pam McGintySenior TrainerBQE Software

Page 2: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Time Tracking, Why Bother

•Empower Your Employees - Empower Your Profits

•Where Time Tracking Can Go Wrong

• Incomplete Time Equals Lost Money

•Reviewing is Worth Your Time

•Time Entering Incentives

What We Will Learn

Page 3: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Fixed Fee vs. Hourly Debate

•Budget Expectations

Time Tracking, Why Bother

Page 4: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Vest Your Employees

•Time Tracking Incentives

•Licenses for Each Employee

•Mobile App

Empower Your Employees - Empower Your Profits

Page 5: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Vest Your Employees

•Time Tracking Incentives

•Licenses for Each Employee

•Mobile App

Empower Your Employees - Empower Your Profits

Page 6: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Vest Your Employees

•Time Tracking Incentives

•Licenses for Each Employee

•Mobile App

Empower Your Employees - Empower Your Profits

Page 7: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Vest Your Employees

•Time Tracking Incentives

•Licenses for Each Employee

•Mobile App

Empower Your Employees - Empower Your Profits

Page 8: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Access to Billing Summary

•Performance Reports with Payroll

•Bonus Based on Performance

Empower Your Employees - Empower Your Profits

Page 9: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Access to Billing Summary

•Performance Reports with Payroll

•Bonus Based on Performance

Empower Your Employees - Empower Your Profits

Page 10: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Access to Billing Summary

•Performance Reports with Payroll

•Bonus Based on Performance

Empower Your Employees - Empower Your Profits

Page 11: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

• Improper Project Setup

• Incorrect Rates

Where Time Tracking Can Go Wrong

Page 12: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

• Incomplete Slips

•Batch Updating

Incomplete Time = Lost Money

Page 13: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Time Filter

•Reporting

•Budget v Actual

•Make Project Adjustments Before you Lose Money

Reviewing is Worth Your Time

Page 14: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•Performance Sharing

•Times Direct Effect of Company Performance

Incentives for Entering Time

Page 15: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

•What Has Worked for You

Your Time Tracking Successes

Page 16: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

• Importance of budgeting both dollars and hours for your projects for tracking performance

•Ways to empower your employees

• Importance of proper project set up

•Fixing incorrectly entered time

•Review the time entered

• Incentives for Entering Time

What We Learned

Page 17: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

Q A&Q A&

Page 18: Time is Money: So Why Are You Ignoring It - BQE Software · 2017-10-25 · BQE Software •Time Tracking, Why Bother ... •Where Time Tracking Can Go Wrong •Incomplete Time Equals

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SUPPORT

+1 (310) 602-4030

+1 (866) 945-1595facebook.com/bqesoftware

@bqesoftware

youtube.com/bqesoftware

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